514 7th St Avalon, NJ 08202
Estimated Value: $4,663,057 - $6,809,000
Studio
--
Bath
3,984
Sq Ft
$1,336/Sq Ft
Est. Value
About This Home
This home is located at 514 7th St, Avalon, NJ 08202 and is currently estimated at $5,323,514, approximately $1,336 per square foot. 514 7th St is a home located in Cape May County with nearby schools including Avalon Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 18, 2002
Sold by
Avalon Yacht Club Dr Assoc
Bought by
Ferris Kenneth P and Ferris Christine N
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$307,357
Interest Rate
7.08%
Estimated Equity
$5,016,157
Purchase Details
Closed on
Nov 4, 1999
Sold by
Avalon Yacht Club Dr
Bought by
Davis Douglas D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
7.76%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferris Kenneth P | $1,975,000 | -- | |
| Davis Douglas D | $1,650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferris Kenneth P | $750,000 | |
| Previous Owner | Davis Douglas D | $1,320,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,247 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2024 | $17,247 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2023 | $17,106 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2022 | $15,365 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2021 | $15,365 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2020 | $14,775 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2019 | $14,325 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2018 | $13,707 | $2,808,900 | $1,800,000 | $1,008,900 |
| 2017 | $13,476 | $2,423,700 | $1,500,000 | $923,700 |
| 2016 | $13,330 | $2,423,700 | $1,500,000 | $923,700 |
| 2015 | $13,112 | $2,423,700 | $1,500,000 | $923,700 |
| 2014 | $12,967 | $2,423,700 | $1,500,000 | $923,700 |
Source: Public Records
Map
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